joether
Posts: 5195
Joined: 7/24/2005 Status: offline
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Your like 40% to understanding the issue, some Americans have about illegal immigration, BoiJen. The other 60% is easy to understand as well. Americans, on average, have ALOT of debt, with little to no way to pay for it. In the for-seeable future, the rate of salary/contract, will go down. Meaning, it will take longer to pay off a debt; but the amount of money to 'spend frillistly' on materialistic egos will also go do. So, a people, that can't spend 'high on the hog' get angry and lash out at anything they percieve as 'the enemy'. In this case, the convient scape goat are those 'illegal immigratants'. It is kind of a funny paradox, in that, Americans, demand, top dollar for their services, yet, complain when its expected from someone else. Taxes would rank, second, on the list of arguements by these Americans. The idea, that if their taxes were dropped by 5%, they would have more money to invest and pay bills. The reality is all together different. The 5%, the following year is added to their 'spending on the hog' bill, rather then investing or paying off debts. The second year, they are again, bitching about taxes. They take no ownership of their spending habits, which is the real culprit. As far as illegal immigratants in GA, I would find that a bit amusing. They will go, where the jobs are, not were others say they should go. Maybe financial managers could create 'illegal immigrant jobs' as a 'Trailing Indicator' of the financial health of the country? In case you dont know, an example of a 'Leading Indicator' is the DOW. A 'Trailing Indicator' would be the unemployment rate, or the Fed rate. Creating laws to ban illegal immigrants, is a rather ignorant method, given the current system at the federal level. Would be like posting four 'traffic guards' at an intersection that already has a traffic light in operation. The problem is, the traffic light was designed, when traffice was only one lane, in a small neighborhood....60 years ago. But today, that same traffic light is in operation, but the lanes on all four sides are 2-3 wide (not counting the outflow lane). The traffic light is ineffective, and causes backups and grid lock. So, metaphorically speaking (like this example), if we fix the traffic light (immigration) to be up-to-date and work for us, rather then create traffic guards (state imposed laws like AZ's immigration), would cost us less money. Its simply the 'scale of economies' at work. The AZ law will be under fire for a while, and it will have to defend itself from every court battle. So, the folks in AZ are now paying MORE money, due to their anger and hatred, rather then less of either. For a group of people that are against taxes and sloppy spending of money, they sure do have a funny way of expressing it.
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